Samsung wins $16.5bn deal to supply chips for Tesla

Competition intensifying in advanced contract chipmaking market

20250728 Samsung

A Samsung Electronics chip production plant in Pyeongtaek, South Korea is seen in 2022. © Samsung Electronics/Reuters

KIM JAEWON

SEOUL -- Samsung Electronics has won a $16.5 billion deal to supply chips for Tesla by the end of 2033, ending its long struggle to win major customers in the contract chipmaking sector.

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